API & Platform Startup Benchmarks 2026

Based on data from 35 startups in The Founders' Group network.

Ben Wiggins

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Key Metrics

Median MRR
N/A
Monthly recurring revenue
Median ARR
$67K
Annual recurring revenue
Median Burn Rate
N/A
Monthly cash burn
Median Runway
18 mo
Months of runway remaining
Avg Team Size
3.1
Full-time team members
Median LTV:CAC
N/A
Lifetime value to acquisition cost
Avg Gross Margin
N/A
Revenue after COGS
% With Revenue
28.6%
Startups generating revenue
% Profitable
2.9%
Startups currently profitable
Avg YoY Growth
N/A
Year-over-year revenue growth

Grade Distribution

A
9 (26%)
B
10 (29%)
C
12 (34%)
D
1 (3%)
F
3 (9%)

Top Cities

Las VegasSeattleTorontoSingaporeAustin

How Do You Compare?

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Frequently Asked Questions

How many API & Platform startups are in the benchmark?
Our benchmarks are based on 35 API & Platform startups in The Founders' Group network. Data is refreshed regularly as new startups join.
What metrics matter most for API & Platform startups?
Key metrics include MRR growth rate, burn rate relative to runway, and unit economics (LTV:CAC ratio). The specific thresholds vary by funding stage — pre-seed founders should focus on product-market fit signals, while seed-stage startups need strong retention and growth rates.
How are grades calculated?
Grades are based on a composite score across 6 tiers: Survival & Truth (revenue, burn, runway), Engine Health (LTV, CAC, unit economics), Retention (churn, NRR), Growth Efficiency (MoM/YoY growth), Market & Narrative (TAM, competition), and Traction & Team. Each tier is weighted and the final score maps to a letter grade.

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Ben Wiggins

Ben Wiggins

7x Founder · 1 Exit · Experienced Angel Investor · CIO Family Office

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